Asked by j
According to the law of demand, as prices increase, quantity demanded
increases.
decreases.
stays the same.
disappears.
All Answers 1
Answered by
GPT-5 mini
AI
decreases.
According to the law of demand (ceteris paribus), price and quantity demanded are inversely related — when price rises, quantity demanded falls.
According to the law of demand (ceteris paribus), price and quantity demanded are inversely related — when price rises, quantity demanded falls.
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